Following my last chart, and after some weeks, is possible the BTC correction (since january) is over in a double zig zag. Since the last lows appears BTC finished 5 waves up so at short term I expect some retracement (possible target is 7000).

Saturday, June 30, 2018

Looks like my bearish count for BTC thankfully is no longer valid and like a chameleon, for me, now the
odds suggest the bottom may achieved. Despite this, the TA is still
horrible and BTC is still above the importante resistence of 6900. The bulls must take
this resistence to give more confidence in this possible new trend.
Let's see, in the following days, if this is another bull trap or the
bottom truly arrived.

Friday, June 22, 2018

At this point seems the possible triangle will fail hard to the downside. So the BTC without strength to break the resistance of 6700 turn my count, at medium term, more bearish with a possible patern as a double zig zag.

EDIT: This airdrop already finished. It's seems future ICO's will prevail this kind of mechanism. So stay tuned as I may publish more airdrop opportunities (Don't worry cause I will only publish airdrops with good projects).

Monday, June 18, 2018

The triangle decides trick me again. However at medium term everthing still possible because BTC continues to be in danger zone and I'm still not sure if the bottom is in. It's very likely the bottom is in but I need some kind of confirmation. For now BTC has huge resistences to break and this will show me his true strength at short term.

Thursday, June 14, 2018

BTC extended a
little more than expected but not invalidate my count. Despite this I do not
advise enter long at this price cause BTC is still above the support line and now will works as
resistance. If BTC goes up and break the 7 k with strength andvolumethe odds suggest the downtrend could be finished. Let's see how BTC will
behave when achieve the 7 k.

It's possible wave c of ii/b already finished.
However, the bulls still in danger zone and should be vigilant cause this
possible wave c of ii/b also could be the minor wave i of c. For now, I see a
great retracement (76% fibo) of the wave i/a so if the count is correct the
odds suggest the end of this downtrend.

Tuesday, June 12, 2018

Nothing changed since my last update. BTC maybe is finishing the wave E (green) or close to finishing the wave d (red). The decision is close.....At this point I would say my primary count is the bull case but we must be very watchful and if the price goes to the downside the reaction could be very aggressive.

Tuesday, May 22, 2018

My thoughts on ETH that I want to share with you...
At medium term I still believe in new lows (wave Z) but at short term I
don't see that wave X already finished. For me ETH, during these weeks,
is labeling a triangle and for the future wave Z I expect more impulsive
behavior.
The both counts that I show have several problems but for now is the only way I can see how the market may behave.

Thursday, May 3, 2018

All possible triangles seems to fail in ETH and at this point is possible a minor wave 3 is underway....with several extentions is possible reach the 9xx. At short term, the 700 dollars (end of minor wave i) is the support of this count.

Thursday, April 26, 2018

After all the wave A/1 was almost over when I showed my last chart. Wave v of A/1 has extended much more than expected but with this new downtrend I will continue with the same count.

At this point, I expect the correction to reach a maximum of 530-500 and then ETH will go again to the upside (maybe to the 850-900). If ETH goes below the 500 will be very bearish and I may review the count of this wave B/2.

Today BTC shows the way and I had review my medium term ETH count. In effect, not makes sense wants to be right cause you only must given reason to the market. So at this point, I must sayed that wave A of Y already finished and wave B of Y is underway.

In this wave iv I expected ETH could reach higher prices, however seems that will be made distribution over time and not in price (in the last chart I told the possibility of a triangle). Currently it's possible wave iv already finished but I would not be surprised if ETH returned to 410-415. Despite all, it's likely that ETH will do very soon new lows.

Wednesday, April 4, 2018

Finally wave iv of A seems began. Wave iii didn't finished as I expected but usually is difficult catch the
bottom. As I said before, I expect one or two weeks for the bulls (don't
forget ETH may do a triangle so sideways also can be done) and then I
will expect the return of downtrend.

Tuesday, April 3, 2018

At short time I easly can see a new low (maybe double bottom) and the 78xx's will be the key for the bulls. At medium term I also can see 3 diferent options. it would be interesting to have your feedback on which options are most in agreement.

Monday, April 2, 2018

EDIT (03-04-2018): At this point seems wave iv (pink) of iii (red) is still underway,
forming a contracting triangle. Expect break up to the downside very
soon. After that let's see if the bulls take the control at short term.Neither contracting triangle. Need more time to understand where ETH is.

At my mini waves count I can see a possible (nice) rebound very soon. However I still expect new lows to finished this wave iii.
This wave v of iii has already extended enough so I do not expect new extensions in v of v of iii.
Rebound could go to the 5xx's and maybe bulls will have one or two
weeks to play. After that I expect again new lows to finish this
principal wave A of Y.

Thursday, March 29, 2018

With this new impulsive wave to the downside I must change a litle my
primary count and turn it more berish in price an time. Expect some
support in the 380's-400's. Let's see how will play my changes.

Tuesday, March 27, 2018

Since the triangle break I see only an ABC formation, so it's possible ETH finished the first leg of an ending diagonal in this wave 5 of A. At this point, seems a good point to enter long, at short term. Maybe the follwing wave B will last 1 month and last wave C also 1 month.So I predict the end of the bear market during may or june.

Wednesday, March 21, 2018

Monday, March 19, 2018

For the short term seems BTC finish the wave A with an wedge pattern. So expect some rebound in this wave B until the 10 k and then new downtrend to complete the ABC pattern. Let's see how this count plays with my ETH bearish count.

Crazy day!!!! With this strong upside I have changed my count to the original that I'm
following since weeks ago. For me is missing at least one movement to
the downside to complete 5 waves cause for me the wedge was invalidated. Maybe ETH in this wave iv may go to the +- 600 dollars.

Sunday, March 18, 2018

So the wedge it's not create and my primary count survive :D! I only changed my minor count of wave iii and add two sub minor waves i and ii. At this point I believe ETH is inside wave iii of iii. The bulls must wait!

Friday, March 16, 2018

Since yesterday looks BTC it's in some consolidation for new donwtrend (possible minor wave iv)
but at this point the bears must be careful because the possible wedge has not been invalid. Normaly when the wedge's finished the price action moves fast and furious and until now I don't see it so my primary count is still the "Bear count".

Thursday, March 15, 2018

Everthing happen as expected and at this point the pattern suggest wave iii is underway but at same time we must keep in mind that the downside
can't stop here. The bloodbath MUST CONTINUE. If stops here we may see
an wedge and a positive divergency.

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Seguidores

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